Pinetree Capital Ltd. declared that on May 14, 2009, it acquired ownership of 2,000,000 Class A subordinate voting common shares and 2,000,000 Class A subordinate voting common share purchase warrants of RJK Explorations Ltd. For full story, click here
Intrepid Potash was downgraded at Soleil and the stock is now at $27.05, down $0.90 on volume of 971,830 shares traded. The brokerage downgraded the stock to Sell from Hold. For full story, click here
Shares of Intrepid Potash Inc. dipped in Wednesday trading after Goldman Sachs downgraded the fertilizer maker, citing customer resistance to inflated potash prices. For full story, click here
Potash Corp. of Saskatchewan reported that it is up more than 3% as we roll toward the close, with the shares shrugging off an early price-target cut from UBS. The brokerage firm lowered its target on POT from $105 to $100, and reiterated a “buy” rating on the security. For full story, click here
Shares in Potash Corp. slipped down $2.44 to $102.65 after unionized workers at its Lanigan mine ratified a new contract. For full story, click here
Potash appears to be on the move today and is now at $82.89, dip from $2.83 on volume of 618,050 shares traded. Over the last 52 weeks the stock has ranged from a low of $47.54 to a high of $241.62. For full story, click here
By Leia Michele Toovey- Exclusive to Potash Investing News Rumours of BHP Billiton’s interest in acquiring a major potash company just won’t go away, as JP Morgan picked up on the theme on Tuesday. Speculation mounted that the world’s largest miner was preparing for a large acquisition after the company raised more than US $6 billion [...]
Agrium Inc. reported a hike in its exchange offer to acquire all of the outstanding shares of CF Industries Holdings, Inc. CF stockholders will now receive $35.00 in cash, a surge of $3.30, or 10.4 percent, in the cash consideration, as well as one common share of Agrium for each CF share. For full story, [...]
Speculation is what you have to go on fellow. Potash Corp is currently trading at $83, and it could easily go lower, but traders are betting in the coming month. Potash shares could gain back some market. The 52-week range for Potash Corp runs from $47 all the way to $241. For full story, click [...]
By Leia Michele Toovey- Exclusive to Potash Investing News Potash miners have been accused of collusion; due to the fact that the big market players have formed a “silent agreement” in which they swiftly and jointly cut output to stabilize prices. This strategy has been met with mixed opinions. The companies say they are simply [...]
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